Press release article from our research archive:

Merchants & Manufacturers Bancorporation To Acquire Reedsburg Bancorporation, Inc. and Random Lake Bancorp, Limited.

Merchants & Manufacturers Bancorporation, Inc. ("Merchants") (BULLETIN BOARD: MMBI) today announced it has signed Definitive Agreements to acquire Reedsburg Bancorporation, Inc. and Random Lake Bancorp, Limited.

Reedsburg Bancorporation, Inc. serves as a one-bank holding company for The Reedsburg Bank. The Reedsburg Bank has total assets of $137.0 million with four locations in central Wisconsin. The bank's main office is located in downtown Reedsburg. The bank also has a drive-through location in Reedsburg and two additional branch locations in North Freedom and Lime Ridge.

The purchase price is $36.0 million and will be payable in a combination of approximately ...

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